The economy is tough right now. Unemployment rates are high, and the cost of living continues to rise. With these economic factors in mind, many people are worried about their finances. When you cannot make ends meet day after day, it can be frustrating to have no control over your financial future. This may mean […]
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When Should You Consider Bankruptcy?
How do you know when it is time to file for bankruptcy? There are several reasons why a person would consider declaring bankruptcy. Here are some of the reasons why you need to consider filing for bankruptcy: Do you pay only the minimum payment on your monthly bills? Are you several months behind on your payments? Do you have […]
Continue ReadingThe Importance of Consumer Debt Education
When facing crippling debt and an avalanche of past due notices, a consumer’s thoughts often turn towards bankruptcy, a seemingly traditional approach to solving ones financial difficulties in the short-term. In many cases, bankruptcy is only a temporary fix, rather than the cure. The underlying problems continue to exist even if the balance sheets are […]
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